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About This Home
This 8-bedroom, 4-bathroom residential multi family at 3423 E 140th Street in Cleveland, OH is listed for $239,900 ($39 per sqft). Built in 1925, the home offers 6,219 sqft of living space on a 0.12 acres lot.
Well-maintained 4-unit apartment building offering immediate cash flow with value-add upside. Three units are currently occupied at $850/month, with one vacant unit needing minor updates that could support higher rent once completed. All units feature 2 bedrooms and 1 bathroom.
Tenants pay their own gas and electric, helping keep operating expenses low. Property is lead certified and provides a solid foundation for investors looking to increase returns through light improvements and rent growth. Roof is older and priced accordingly. Conveniently located near the shops, restaurants, and transit of Shaker Square and Shaker Town Center, making it an attractive rental location with consistent demand. Strong opportunity to increase income while collecting rents from day one.
Key Features
- Built in 1925
- 0.12 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,283/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3423 E 140th Street
Cleveland, OH 44120
Rapid Transit Land Cos Shaker
Features & Amenities
Exterior Features
Property Details
Construction
Heating
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 3423 E 140th Street is listed at $239,900 ($39/sqft). The estimated monthly payment is $1,040 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.12 acre lot, 2 stories. Exterior Features: Balcony.
This property is listed by Erin Thomas and can be reached at 4406702300 or Erinthomas@kwcommercial.com.
